SOURCE: Ulysses Holding Inc.

December 05, 2007 09:03 ET

Ulysses Holding Corp. Secures Pertinent Domain Names for Its Business Operations

JACKSONVILLE, NY--(Marketwire - December 5, 2007) - Ulysses Holding Corp. (PINKSHEETS: UHCR) today announced that it has secured the domain names of buyoptical.com and westtownoptical.com as these names are essential to the company's online presence and marketing strategy.

The first domain name secured was buyoptical.com, which will when completed direct consumers to the company's online store. At this time the company in its internet infancy will utilize an affiliate type strategy, meaning that the company will offer eyewear from other larger online suppliers via affiliate agreements and receive an 8% to 12% commission on all sales generated from its website.

The second domain name that the company has secured is westtownoptical.com, which will be utilized as an online presence for its first store (currently they have no internet presence) the website is currently under construction and is expected to be completed within the next week to two weeks.

"The company continues to add additional revenue producing ideas to its business, and will continue to grow its website presence thru online sales and discounts and money saving offers from manufactures thru its website as to increase consumer loyalty, while building a strong online presence and revenues," said Dawn Young V.P. of Operations.

About Ulysses Holding Corp.:

Ulysses Holding Corp. is a start-up retail optical holding company with an aggressive plan towards rapid expansion and revenue growth within the next 12 months. The company will focus only on profitable outlets with an average or better industry margins.

The current authorized shares are 12 Million. The 12 Million Authorized Shares consist of 2,000,000 Preferred Shares (restricted for two years in management's control with no conversion options to common) and 10,000,000 Common Shares.

About Island Associates:

Island Associates is a private investment group specializing in the retail medical and optical sector. The group acts only as an investor and does not participate in any day to day management of its investments.

This press release does not constitute an offer of any securities for sale. This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ, including, without limitation, the company's limited operating history and history of losses, the inability to successfully obtain further funding, the inability to raise capital on terms acceptable to the company, the inability to compete effectively in the marketplace, the inability to complete the proposed acquisition and such other risks that could cause the actual results to differ materially from those contained in the company's projections or forward-looking statements. All forward-looking statements in this press release are based on information available to the company as of the date hereof, and the company undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of this press release.

Contact Information

  • Contact:
    Ulysses Holding Corp.
    Investor Relations
    Tel: 1-607-387-7353